1 TD Customer Home Insurance Discount
- TD Insurance refers collectively to the following insurance companies:
- Security National Insurance Company;
- Primmum Insurance Company;
- TD General Insurance Company;
- TD Home and Auto Insurance Company; and
- TD Life Insurance Company
TD Insurance home and condominium insurance policies are distributed by TD Insurance Direct Agency Inc. and Meloche Monnex Insurance and Financial Services Inc. in the province of Quebec, and by TD Insurance Direct Agency Inc. in the rest of Canada.
Eligibility
For the purposes of this "Offer" only, an "Eligible TD Customer" includes a natural person who:
- has a TD personal deposit account;
- has a TD Mortgage, a TD Home Equity FlexLine, or a TD personal loan or line of credit, secured or unsecured;
- has a TD personal credit card or other personal credit card issued by TD;
- has a TD personal investment product or account;
- has a TD automobile financing product; or
- has life insurance or accident and sickness insurance policy underwritten by TD Life Insurance Company.
This Offer is for
A)Eligible TD Customers who are new TD Insurance customers and who purchase a new home or condominium policy effective on or after January 1, 2024;
B)Eligible TD Customers who are existing TD Insurance home or condominium insurance customers who purchase a new home or condominium policy effective on or after January 1, 2024; and
C)Eligible TD Customers who are existing TD Insurance home or condominium insurance customers with a home or condominium policy effective before January 1, 2024.
Both new and existing TD Insurance tenant insurance customers are excluded from this Offer.
Application
(A)New TD Insurance Home or Condominium Insurance Customers Who Purchase a New Home or Condominium Policy Effective On or After January 1, 2024:
- Eligible TD Customers who have a TD Mortgage or a TD Home Equity FlexLine will receive a 5% discount applicable to their annual home or condominium insurance policy premium and this discount shall continue to apply, at each subsequent annual renewal, for as long as the home or condominium policy remains in effect.
- All other Eligible TD Customers will receive a 5% discount applicable to the premium for their annual home or condominium insurance policy's first term. At the first annual renewal, the value of the discount will decrease to 3% and shall remain as such for all subsequent annual renewals, for as long as the home or condominium policy remains in effect.
(B)Existing TD Insurance Home or Condominium Insurance Customers Who Purchase a New Home or Condominium Policy Effective On or After January 1, 2024
- Eligible TD Customers who have a TD Mortgage or a TD Home Equity FlexLine will receive a 5% discount applicable to their annual home or condominium insurance policy premium and this discount shall continue to apply, at each subsequent annual renewal, for as long as the home or condominium policy remains in effect.
- All other Eligible TD Customers will receive a 5% discount applicable to the premium for their annual home or condominium insurance policy's first term. At the first annual renewal, the value of the discount will decrease to 3% and shall remain as such for all subsequent annual renewals, for as long as the home or condominium policy remains in effect.
(C)Existing TD Insurance Home or Condominium Insurance Customers With a Home Or Condominium Policy Effective Before January 1, 2024
- Eligible TD Customers who have a TD Mortgage or a TD Home Equity FlexLine will receive a 5% discount applicable to their annual home or condominium insurance policy premium and this discount shall continue to apply, at each subsequent annual renewal, for as long as the home or condominium policy remains in effect.
- All other Eligible TD Customers will receive a 3% discount applicable to their annual home or condominium insurance policy premium and this discount shall continue to apply, at each subsequent annual renewal, for as long as the home or condominium policy remains in effect.
Insurance policies for vacant buildings, vacant condominiums and mobile homes are not eligible for this Offer.
The discount is applicable to premiums charged for the base insurance policy and the following endorsem*nts: Above Ground Water, Extended Water Damage and Fuel Oil Overflow or Escape.
Offer may be changed, withdrawn or extended at any time, without notice.
2 Discounts when you get a quote and buy online
• 10% Home Insurance Savings (not available in Quebec)
10% savings off eligible coverage in the first policy term is derived from a combination of two separate discounts:
- a 5% Digital Discount for completing the home, condo or tenant insurance quote online. This Digital Discount will continue to be applicable upon policy renewal.
And
- 5% Buy Online Discount in the first policy term for completing the home, condo or tenant insurance purchase online. Both the Digital Discount and Buy Online Discount are applicable to premiums charged for the base insurance policy and the following endorsem*nts: Above Ground Water, Extended Water Damage and Fuel Overflow or Escape.
3. Discounts when you buy online (Quebec only)
• 5% Savings on Home Insurance
Home Insurance: A Buy Online Discount of 5% in the first policy term will be applied to premiums charged for the base insurance policy and the following endorsem*nts: Above Ground Water, Extended Water Damage and Fuel Oil Overflow or Escape
4. Claims Free Reward
Nationally, as of May 26, 2023, new customers (with insurance policies underwritten by either Security National Insurance Company, Primmum Insurance Company, TD General Insurance Company and TD Home And Auto Insurance Company) who insured their homeowner policy with us and who met the claims-free savings criteria applicable to their province or region with regard to the number of years spent claims-free, saved an average of:
25% in Ontario
25% in Quebec
25% in British Columbia, Alberta, Saskatchewan, Manitoba, Yukon, Nunavut, Northwest Territories
20% in the Atlantic Provinces
when compared to the premium they would have paid if, within the previous 12 months, they made a claim that would have negatively affected their premium. These claims vary by province. Savings are not guaranteed and vary based on the customer's profile and province/region.
As of May 26, 2023, our customers (with insurance policies underwritten by either Security National Insurance Company, Primmum Insurance Company, TD General Insurance Company and TD Home And Auto Insurance Company) who insure their car with us and who meet the claims-free savings criteria applicable to their province or region with regard to the number of years spent claims-free, save an average of:
35%, in Ontario
15%, in Quebec
20%, in Alberta, Yukon, Nunavut and Northwest Territories
30%, in the Atlantic Provinces
when compared to the premium they would have paid if, within the previous 12 months, they made a claim that would have negatively affected their premium. These claims vary by province and product. Savings are not guaranteed and vary based on the customer's profile, province/region and product
